Nationwide's Bostyancic on Fed's Decision

The transcript discusses the Federal Reserve's unclear messaging on rate hikes, with a focus on economic indicators like GDP, unemployment, and inflation. It predicts future rate hikes and a moderate recession, while noting that rate cuts are unlikely until 2024. The discussion also touches on the banking system's stability and credit conditions.

What is the speaker's outlook on the potential for rate cuts in the near future?

How does the speaker assess the current state of the banking system?

What factors are influencing the Fed's decision-making process according to the discussion?